DLavrov

EOS: Bullish Setup at Support

Long
BYBIT:EOSUSD   EOSUSD Perpetual Contract
I would wait for a reversal signal from the support zone . We could see how many times this zone stopped and reversed the markets and this time we should be ready to use the same bullish setup. RSI is not far from the oversold zone and it will be able to give us a solid bullish signal. MACD histogram is bullish now and it confirms a possible upward movement.



Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
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Comments

here is my view, have a look at it

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I bought when it broke the triangle then I wait and bought again after the dump and lately today some more... So I DCA and I am ready for the up move.
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nice chart! thanks! 🦐
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